USD/CHF breaks major trendline support,targets 0.9290

Posted On 10 Jul 2015

USD/CHF breaks major trendline support,targets 0.9290

USD/CHF has broken short term trend line support 0.9390 and this confirms short term weakness, a decline till 0.9330/0.9290 cannot be ruled out.

On the higher side short term trend reversal only above 0.9420. Any break above would extend gains till 0.9480/0.9515.

It is good to sell on rallies around 0.9380 with SL around 0.9420 for the TP of 0.9330/0.9290

Source:: USD/CHF breaks major trendline support,targets 0.9290

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